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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (143861)1/28/2009 1:31:35 PM
From: robnhood  Respond to of 314067
 
I think that the central banks are not selling as much as they used to.
BWDIK?



To: koan who wrote (143861)1/28/2009 1:45:37 PM
From: goldsheet  Read Replies (1) | Respond to of 314067
 
> "if jewelry demand is down 40% what is holding up prices?

"Jewellery off take was also estimated to have declined by 11% in 2008"

Other factors contributed: dehedging was high (350mt),
central bank selling was low (only 280mt, down 40%),
production was lower (-88mt)


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